Restructuring risk: Emotions (and threats) run high at WiseTech
Choppy waters or a storm?
It’s always a privilege to share views with the top brass of Australia’s WiseTech Global (WTC), even more so today after the disclosure of fiscal 2024 results to the end of June that drove up the stock to a new intra-day record of A$114.99 – before closing slightly lower, nonetheless up a whopping +18.4% for the day at A$111.7*.
(*Just in case you thought it was expensive ahead of the numbers in the mid-A$90s)
That gives the “operating system for global logistics” ...
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Comment on this article
Neil [email protected]
August 21, 2024 at 2:14 pmExcellent analysis as always, Alessandro!
Alessandro Pasetti
August 21, 2024 at 2:15 pmThanks a lot, Neil! That’s very much appreciated!